Tag: Retail Sector



Dunelm Mill to step up Expansion Plan

Posted on 15 February, 2014 by Kirsten Kennedy under Business News

Since the upturn in consumer confidence retailers have been quick to examine growth options in a bid to capitalise on the increase in spending power. As a result, demand for retail property is on the rise, with homeware and furniture chains at the forefront... Read More

London Designer Outlet attracts over a Million Visitors in first Three Months

Posted on 14 February, 2014 by Kirsten Kennedy under Top Properties

Consumer confidence is steadily on the rise, with recent data from industry bodies such as the British Retail Consortium (BRC) indicating strong recovery within the retail sector. However, it’s clear that certain regions of the country are leading the way,... Read More

How Small Shops can make the most of Valentine’s Day

Posted on by Kirsten Kennedy under Business News

With Valentine’s Day upon us, those who have not yet prepared by popping to the shops or ordering online may be facing rising levels of panic at the thought of confronting their loved one with nothing but an apologetic smile. Yet fortunately there is still... Read More

Retail Sales pick up in January but BRC urges Caution

Posted on 12 February, 2014 by Kirsten Kennedy under Economy

Following reports that shop vacancy rates are at a four year low, the latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor makes further good reading for the high street. The report shows that like for like sales in January grew by 3.9... Read More

Topshop Expansion to Include Flagship Fifth Avenue Store

Posted on by Kirsten Kennedy under Business News, Worldwide Property News

Fashion retailer Topshop has announced that it will be opening a flagship store in a prestigious fashion location in the United States as part of its growth plan to capitalise on new markets. A 40,000 sq ft store will open on Manhattan’s Fifth Avenue in the... Read More

Ministers call for simplification of Plastic Bag Tax in England

Posted on 9 February, 2014 by Kirsten Kennedy under Business News

The plastic bag tax which has already been implemented in Wales and Ireland is due to come into effect in England following the general election in 2015. With the majority of ministers behind the plan in principle, it is hoped that it will further contribute... Read More

French Connection Turnaround Plan begins to Take Effect

Posted on 8 February, 2014 by Kirsten Kennedy under Business News

As consumer confidence continues to improve and real wages slowly begin to creep up, the retail industry has benefited from a surprisingly strong rise in profitability. However, while chains such as John Lewis and Home Retail Group’s subsidiaries Argos and... Read More

Home Retail Group asks Suppliers for Rebate

Posted on 7 February, 2014 by Kirsten Kennedy under Business News

In the lead up to Christmas 2013, a number of retailers demanded rebates from their suppliers as a result of the uncertain trading conditions. In part this is because, although the retail industry has taken great steps towards recovery, the memories of the... Read More

Sports Direct enters Talks to Buy Irish Elverys Chain

Posted on 6 February, 2014 by Kirsten Kennedy under Business News

Sports Direct has become a powerhouse of the British retailing scene, in part, due to the acquisitions it has made. Now the chain appears to be looking further afield with founder Mike Ashley having spent the past weekend in Dublin. It is thought that he... Read More

Scottish Retail Sales outperform UK Average in Mixed Bag of Results

Posted on 3 February, 2014 by Kirsten Kennedy under Economy

Although the economy has largely picked up and allowed industries such as manufacturing and retail to flourish, certain regions of the UK have continued to underperform due to weaknesses in the local economy. Yet it appears that the final quarter of 2013... Read More